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August 17, 2010

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Home » Business » Energy

Private placement

ZHONGJIN Gold said yesterday it planned a private placement of up to 150 million yuan-backed A-shares to raise about 4.1 billion yuan (US$603 million) to buy assets from its parent, state-owned China National Gold Group.

The price per share will not be lower than 27.35 yuan, it said in a statement to the Shanghai Stock Exchange.



 

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